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$398,000

9200 Norman Dr, Plano, TX, 75025

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,801 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.99 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-3377-00B-0020-1
Lot Number2
SubdivisionRidgeview Ranch Addition Phase I (Cpl)
Land UseResidential
Legal DescriptionRIDGEVIEW RANCH ADDITION PHASE I (CPL), BLK B, LOT 2
Census Tract031666
Assessed Land Value$115,000
Assessed Improvement Value$336,950
Assessment Year2025

About this property

LOCATION, LOCATION, LOCATION! This home is located in the heart of Collin County. Norman Dr comes straight off McDermott which runs East to West from Allen to 121 & almost to Dallas North Tollway for easy commuting throughout DFW. You'll be close to shopping & dining of all sorts. The Seller wants you to know she intended to stay & had started to update little by little. She had the Patio cover built in 2020. The Shower was updated with frameless glass, updating paint a room at a time & had picked out flooring. Recently, her daughter called & told her the house right next door had gone on the market & she took the opportunity to purchase that home & head North. Now it's the perfect opportunity for you to take command & do what you want or just move in & enjoy! The home is intact as she was slowly doing updates one room at a time. The Fridge, washer & dryer stay with the home so you won't have to wait months for the appliances to come back into stock at NFM. This is a very livable Home!

Investor Tools

Property Icon
$451,950
Estimated Property Value
$441,750Estimated Mortgage Balance
$43,271Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,712 /month
Positive
Cash Flow Estimate:
$904 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$671/month
$254/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,792
$451,950
2025
$115,000
$336,950
$451,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,792
$451,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Conventional
$441,750
No
First
May 27, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$408,679
$43,271
9%
90%
$2,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,480/mo
$2,903/mo
$-423/mo
6.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Plano

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9200 Norman Dr | Property Details | No Agent List